Credit Cards

Repay Holdings Corp. said it has agreed to pay approximately $372 million to acquire Kubra Data Transfer LTD., a provider of bill-payment technology with more than 250 clients. The payment will be financed with cash on hand and debt financing, Repay said. Payway Inc., a developer of payment software, said its …

Powered by international growth, American Express Co. reported early Wednesday that its merchant network now has more than 170 million locations worldwide. In his annual letter to shareholders, AmEx chairman and chief executive Stephen J. Squeri also plugged the 176-year-old company’s artificial-intelligence initiatives. What AmEx calls its “locations in force” …

With the increasing activity of AI agents in online commerce, payments-technology company Ixopay said it is working with digital-payments specialist Zip to develop a unified trust layer, or an open framework meant to address trust and risk in agentic commerce. Financial-services technology developer Q2 Holdings Inc. said it will work with Stablecore, a platform …

With nearly three-quarters of major U.S. banks reporting an increase in fraud losses last year, developers of fraud-prevention technology are scrambling to offer solutions. In the latest example, the Portugal-based technology company Feedzai has announced RiskFM, a tool the company says replaces a singular reliance on card-network data with information …

It’s been 13 years since merchants were allowed to add surcharges to cover much of their credit card processing costs, yet confusion and complexity remain. Speakers at the Transact 2026 conference last week, sponsored by the Electronic Transactions Association, did their part to dispel much of this confusion. “Surcharging is a …

AI in retail applications is expected to generate $500 billion in incremental volume by 2030, according to the “2026 Global Unified Commerce Benchmark for Specialty Retail” report from Manhattan Associates. The report relies on research among more than 400 specialty retailers in global markets, including North America. Arguing that AI agents …

Money-movement platform Thunes Financial Services Inc. announced Banco Cathay of Costa Rica has adopted its Pay-to-Wallet service for cross-border payments. Loyalzoo Ltd., a developer of customer-engagement software for merchants, announced an agreement under which it will integrate its customer-relationship technology with a new point-of-sale platform from Priority Technology Holdings Inc., the MX …

The Electronic Payments Coalition has opened another front in the battle over the Illinois Interchange Fee Prohibition Act with the launch of an ad campaign aimed at having the law overturned by the Illinois legislature. The campaign comes hard on the heels of efforts by organizations representing financial institutions in …

Three organizations representing the banking community, as well as the Office of the Comptroller of the Currency along with former acting members of the OCC, filed amicus briefs late Friday urging the court to overturn the decision to exempt Illinois merchants from paying interchange on the sales tax and gratuities …

French fintech Mirakl SAS has partnered with J.P. Morgan Payments to provide infrastructure for the payments provider’s agentic-commerce offering. The partnership will enable merchants to facilitate agentic commerce without having to build and manage complex integrations and protocols. Mirakl will integrate J.P. Morgan Payments technology into its Nexus agentic-commerce service, which …